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Zhejiang Goldensea Hi-Tech SHSE:603311 Stock Report

Last Price

CN¥10.94

Market Cap

CN¥2.6b

7D

-12.5%

1Y

6.4%

Updated

20 Dec, 2024

Data

Company Financials +

Zhejiang Goldensea Hi-Tech Co., Ltd

SHSE:603311 Stock Report

Market Cap: CN¥2.6b

603311 Stock Overview

Produces and sells environmental protection filter materials in China and internationally. More details

603311 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Zhejiang Goldensea Hi-Tech Co., Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Goldensea Hi-Tech
Historical stock prices
Current Share PriceCN¥10.94
52 Week HighCN¥13.15
52 Week LowCN¥6.40
Beta0.42
1 Month Change-0.55%
3 Month Change38.13%
1 Year Change6.42%
3 Year Change-1.26%
5 Year Change-1.44%
Change since IPO40.98%

Recent News & Updates

Recent updates

Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Be Hoping To Turn Its Returns On Capital Around

Dec 19
Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Be Hoping To Turn Its Returns On Capital Around

Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) P/E Is Still On The Mark Following 28% Share Price Bounce

Nov 13
Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) P/E Is Still On The Mark Following 28% Share Price Bounce

Solid Earnings May Not Tell The Whole Story For Zhejiang Goldensea Hi-Tech (SHSE:603311)

Nov 02
Solid Earnings May Not Tell The Whole Story For Zhejiang Goldensea Hi-Tech (SHSE:603311)

Zhejiang Goldensea Hi-Tech's (SHSE:603311) Soft Earnings Don't Show The Whole Picture

Apr 26
Zhejiang Goldensea Hi-Tech's (SHSE:603311) Soft Earnings Don't Show The Whole Picture

Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Want To Turn Around Its Return Trends

Apr 17
Zhejiang Goldensea Hi-Tech (SHSE:603311) Will Want To Turn Around Its Return Trends

Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) 26% Price Boost Is Out Of Tune With Earnings

Mar 12
Zhejiang Goldensea Hi-Tech Co., Ltd's (SHSE:603311) 26% Price Boost Is Out Of Tune With Earnings

Shareholder Returns

603311CN BuildingCN Market
7D-12.5%-6.5%-3.5%
1Y6.4%-6.5%10.9%

Return vs Industry: 603311 exceeded the CN Building industry which returned -6.5% over the past year.

Return vs Market: 603311 underperformed the CN Market which returned 10.9% over the past year.

Price Volatility

Is 603311's price volatile compared to industry and market?
603311 volatility
603311 Average Weekly Movement7.6%
Building Industry Average Movement7.7%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 603311 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603311's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19951,384n/awww.goldensea.cn

Zhejiang Goldensea Hi-Tech Co., Ltd produces and sells environmental protection filter materials in China and internationally. It offers melt-blown air filter materials, compound air filter materials, melt-blown filter materials for mask, PAF filter materials; PM2.5 air filters, multifunction air filters, cabin filters, aviation cabin filters, and heat recovery ventilation products; general and functional filter mesh; functional filters, HD filters, and pleating filters; single sirocco fans, double sirocco fans, cross-flow fans, turbines, and axial-flow fans; injection parts; air purifiers, and air conditioner and air purifier accessories; disinfectants; and thermometric hand washers. The company was formerly known as Zhejiang Goldensea Environment Technology Co.,Ltd.

Zhejiang Goldensea Hi-Tech Co., Ltd Fundamentals Summary

How do Zhejiang Goldensea Hi-Tech's earnings and revenue compare to its market cap?
603311 fundamental statistics
Market capCN¥2.58b
Earnings (TTM)CN¥56.91m
Revenue (TTM)CN¥751.53m

45.3x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603311 income statement (TTM)
RevenueCN¥751.53m
Cost of RevenueCN¥569.33m
Gross ProfitCN¥182.21m
Other ExpensesCN¥125.30m
EarningsCN¥56.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.24
Gross Margin24.24%
Net Profit Margin7.57%
Debt/Equity Ratio10.2%

How did 603311 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

32%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 18:05
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Goldensea Hi-Tech Co., Ltd is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chun XuChangjiang Securities Co. LTD.
Min JiCitic Securities Co., Ltd.
Haiyang WangMinsheng Securities Co.